Weekly apartment price trends
Dongtan ranks first nationwide in the rate of increase
Suwon Yeongtong shows the largest rise
Seoul also sees a wider rise than the previous week
A view of an apartment complex in Gwanggyo New Town, Yeongtong-gu, Suwon, Gyeonggi Province. Yonhap News
The weekly apartment price growth rate in Yeongtong-gu, Suwon, Gyeonggi Province, surged to nearly three times that of the previous week. Although Giheung-gu in Yongin, Gyeonggi Province, and the city of Guri, Gyeonggi Province, were designated as regulated areas on the 30th of last month, their increases have instead grown larger, indicating firm housing prices across southern Gyeonggi.
According to the July week 1 (as of July 6) weekly apartment price trends released by the Korea Real Estate Board on the 9th, Yeongtong-gu in Suwon (1.19%) ranked second nationwide in the weekly sales price growth rate, after Dongtan in Hwaseong, Gyeonggi Province (1.29%). Yeongtong-gu rose 0.78 percentage points from the previous week (0.41%), the largest increase in the country.
As home prices in Dongtan surged sharply over a short period recently, end-user demand appears to have shifted to Yeongtong in Suwon within the semiconductor belt area. Nam Hyuk-woo, a real estate researcher at Woori Bank, said, “(compared to Dongtan) demand has moved to areas where comparatively low-priced apartments are concentrated, pushing up prices.”
Giheung-gu in Yongin and the city of Guri, which were designated as regulated areas along with Dongtan at the end of last month, saw wider gains. The increase in Guri (0.64%) was more than double the previous week (0.30%). Giheung-gu in Yongin (0.56%) also posted a larger rise than the previous week (0.39%). Prices are thought to have jumped as demand for gap investments rushed in just before the land transaction permission zone took effect on the 5th.
Seoul apartment prices saw the increase widen from 0.27% last week to 0.3% this week.
In Seoul, Seongbuk-gu (0.51%) rose the most, with a steeper increase than the previous week (0.36%). Guro-gu (0.50%) followed, trailed by Jungnang-gu (0.39%), Gwangjin-gu (0.38%), Gangbuk-gu (0.37%), and Dongdaemun-gu (0.36%). Analysts say end users buying apartments in northeastern Seoul are driving the uptrend.
Jeonse prices in Seoul (0.31%) edged up from last week (0.30%). Nationwide jeonse prices (0.12%) also inched up from last week (0.11%).
Amid yearly increases in presale prices for Seoul apartments, an analysis also found that the gap in presale prices per 3.3㎡ between south and north of the Han River has widened significantly.
Ham Young-jin, head of Woori Bank Real Estate Research Lab, analyzed that the difference in presale prices per 3.3㎡ between the areas south and north of the Han River was 1.94 million won in 2023 but has widened to 13.45 million won this year, about seven times larger. In contrast, the gap between the three Gangnam districts and non-Gangnam areas has narrowed. The difference in presale prices per 3.3㎡ between the two areas decreased from 33.87 million won in 2025 to 19.95 million won this year.
Ham explained, “It is not that Gangnam prices have come down, but rather that high-priced presale complexes have appeared in key non-Gangnam districts such as Dongjak-gu, Seongdong-gu, and Yongsan-gu.”
Presale prices per 3.3㎡ in Seoul have risen about 66% over the past three years, jumping from 35.53 million won in 2023 to 59.05 million won this year.